by Brandon Lamar | Oct 21, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
Many housing experts originally voiced concern that the mortgage forbearance program (which allows families impacted financially by COVID to delay mortgage payments to a later date) could lead to an increase in foreclosures when forbearances end. Some originally...
by Brandon Lamar | Oct 15, 2020 | Demographics, Distressed Properties, Foreclosures, Housing Market Updates
Earlier this year when the nation pressed pause on the economy and unemployment rates jumped up significantly, many homeowners were immediately concerned about being able to pay their mortgages, and understandably so. To assist in this challenging time, two protection...
by Brandon Lamar | Aug 20, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the...
by Brandon Lamar | Aug 12, 2020 | Distressed Properties, Foreclosures, Housing Market Updates
With the strength of the current housing market growing every day and more Americans returning to work, a faster-than-expected recovery in the housing sector is already well underway. Regardless, many are still asking the question: will we see a wave of foreclosures...
by Brandon Lamar | Mar 24, 2017 | Distressed Properties, For Buyers, For Sellers, Foreclosures, Housing Market Updates
CoreLogic recently released a report entitled, United States Residential Foreclosure Crisis: 10 Years Later, in which they examined the years leading up to the crisis all the way through to present day.With a peak in 2010 when nearly 1.2 million homes were foreclosed...
by Brandon Lamar | Oct 24, 2016 | Distressed Properties, For Sellers
The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report revealing that distressed property sales accounted for 4% of sales in September. This is down from 7% in 2015, and is the lowest figure since NAR began tracking...
